Euro to UAE Dirham exchange rate

Summary EUR/AED today

1 € = DH 4.3245
1 DH = € 0.2312 -0,03%
Last updated: 2026/04/20 17:45

Convert between Euros and UAE Dirhams

 €
=
DH
1.2000
Flip currencies

Euro to UAE Dirham historical chart

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Time period:

1 year or Since 2019

Top 5 biggest currency moves against the Euro over the last 7 days

Currency
Silver (oz)
2.0318 €2.193 €+7.92%
Bitcoin (BTC)
61,576 €63,991 €+4.43%
Gold Sovereign
948.02 €966.02 €+1.89%
Gold (oz)
129.47 €131.93 €+1.89%
Egyptian Pound (EGP)
0.0161 €0.0163 €+1.87%
Iraqi Dinar (IQD)
0.0007 €0.0006 €-0.55%
Algerian Dinar (DZD)
0.0065 €0.0064 €-0.55%
Turkish Lira (TRY)
0.0191 €0.0189 €-0.85%
Yemeni Rial (YER)
0.0036 €0.0036 €-1.12%
Ukrainian Hryvnia (UAH)
0.0197 €0.0192 €-2.17%
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About UAE Dirham

Currency nameUAE Dirham
SymbolDH
Also known asAED, United Arab Emirates Dirham, 1 AED = 100 fils
ISO codeAED
Banknotes5, 10, 20, 50, 100, 200, 500, 1000 AED
Coins1, 5, 10, 25, 50 fils; 1 AED
Central bankCentral Bank of the UAE - Website: www.centralbank.ae
Countries1 country: United Arab Emirates (capital: Abu Dhabi, major cities: Dubai, Abu Dhabi, Sharjah)
Population10 mil.

History

The United Arab Emirates, a federation of seven emirates established in 1971, adopted the UAE dirham the same year, replacing the Qatar and Dubai riyal that had circulated since 1966 and the Bahraini dinar used in Abu Dhabi. The name "dirham" shares its ancient roots with the Greek drachma, spreading to the Arab world through Islamic monetary tradition.

The UAE dirham was initially pegged to the IMF's Special Drawing Rights (SDR). Since 1997, it has been pegged at a fixed rate of 3.6725 AED per US dollar — a peg maintained steadfastly ever since, supported by Abu Dhabi's vast oil and gas revenues. This peg has proven one of the most durable fixed exchange rates in the world, surviving the 2008 financial crisis, oil price collapses, and regional geopolitical turbulence without adjustment.

The Central Bank of the UAE manages the dirham. Abu Dhabi's enormous sovereign wealth funds — including the Abu Dhabi Investment Authority (ADIA), one of the largest in the world — and hydrocarbon export revenues provide the foreign exchange reserves that support the peg. The UAE has diversified its economy significantly through tourism, finance, and trade, though oil remains central.

The dirham's reliability makes it a preferred store of value across the Gulf region and among expatriate workers who make up the vast majority of the UAE's population.

Sources:

"United Arab Emirates dirham", Wikipedia, https://en.wikipedia.org/wiki/United_Arab_Emirates_dirham

"Central Bank of the UAE", Wikipedia, https://en.wikipedia.org/wiki/Central_Bank_of_the_United_Arab_Emirates